Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining Hybrid | 8% POS | 600% Term Deposit
Hi, I was trying to find on the OP, web site and in few BTC pages information about coin's max cap.
Since coin has high staking percentage does it has also some cap? Or it is infinitive?
I like idea that this coin is mineable only from wallet. But I would not call it solo, because you have pools and clusters.
Also like idea of long term deposit. Something new and fresh. Nice.
I am only concerned about about inflation factor.
Did I miss bounties and rewards?
Total coin supply is 1 billion for POW and that is set to run out over a 30 year time frame. The 1 billion supply does not include any of the standard POS or term deposits.
On your inflation question, I've seen other coins doing well and some with much higher interest that ROI coin. A couple of examples would be Women Coin at about 1000% and 808 coin at 17% every 8.08 days. In the early stages the idea of this big term deposit is to encourage users to lock the coin which provides numerous advantages and also to build the initial coin supply in the market and raise the total market cap $ amount.
Looking forward into the future the coin revolves around the community that supports it. Because of that it is always possible that at a future date the community may form a general consensus that the POS and/or the term deposit rates need to be reduced. If and when the community decides something like that the coin will then implement the will of its supporters.
A comprehensive bounty program is in the works so stay tuned!
Thank you for the reply.
Inflation can be an issue, but as long as you have more people who are willing to buy the coin inflation is not an issue.
Just work on bounties and good marketing and coin can be successful.
One thing that was concerning me about solo mining this coin though, is that my gpu mining was experiencing some issues while having the cpu solo mining mode activated, anyone else experiencing this too?
I have noticed this but it only seems to affect certain algos. I dropped roughly 60% in GPU hashrate for a cryptonote coin but there wasn't any appreciable drop when I switched to another coin. So I guess you'll need to trial and error.
I am mining HUSH and with basic wallet setup I am getting ~20% loss of GPU hash rate.
Is it possible to start wallet with parameter like use only 50% of CPU? And not 100% as it is now.